CMF can be use to purchase other unit trust ? How to select it? Confused by the interface

To be fair the management fee is already included in the NAV. The sales/agent charge, that's another matter.

The only real dividends that matter are from fixed price funds like some of the Amanah Saham funds. There, a 6% dividend represents your actual returns for the year.

Public Bank is not the only one - Amanah Saham does the same for their variable priced funds. They make a huge announcement about it. When in true fact most such Amanah Saham funds have got a negative return for the year.

Which is why I stay away from those fund houses. They treat you like you're a dumb person.

To use your Cash Management Fund to buy unit trusts, you need to ensure that there are sufficient holdings in the Cash Management Fund.
Simply select the Cash Management Fund as the payment method during the buy process.
The investment amount payable will be deducted from your Cash Management Fund immediately and it will be reflected in your View Holding webpage.
https://www.fundsupermart.com.my/main/faq/0...nt-Methods-2409

Q: What can I do with my Cash Management Fund?

A: There are 6 main types of Cash Management Fund transactions:

1) Buy into the Cash Management Fund
2) Sell your Cash Management Fund holdings
3) Buy Unit Trusts using your Cash Management Fund holdings
4) Park proceeds from a sell order into the Cash Management Fund
5) Switch your Cash Management Fund holdings into UT; this is similar to placing a unit trust buy order using your Cash Management Fund holdings
6) Switch UT into the Cash Management Fund; this is similar to parking the proceeds of a unit trust sell order into the Cash Management Fund

You may buy or sell the Cash Management Fund at any time. The minimum initial and subsequent investment amount is RM500 and RM100 respectively. There is no lock-in period. The minimum redemption amount required is RM 100, should you wish to place a partial sell order.
You may buy a unit trust via the Cash Management Fund with ease, as long as there is sufficient holdings in your Cash Management Fund. You may simply specify the ‘Cash Management Fund’ as the payment method during the buy process. The invested amount will be deducted from your Cash Management Fund holdings, and it will be used to buy a unit trust immediately as long as the buy order is placed before 3pm on a business day.
When you sell a unit trust, you may also specify the ‘Cash Management Fund’ as the redemption method. The sales proceeds will be used to invest in the Cash Management Fund, without incurring any sales charge.
You may place an inter-switch order to switch your Cash Management Fund to another unit trust without any lag time. The sales proceeds of your Cash Management Fund sell order, after deducting the prevailing FSM sales charge, will be used to buy into the fund which you have chosen to switch-buy, without any lag time. This transaction is equivalent to placing a buy order using the Cash Management Fund.
You may also place an inter-switch order to switch your unit trust into the Cash Management Fund. The entire sales proceeds of your unit trust sale will be used to buy into the Cash Management Fund, upon receiving the sales proceeds of the fund you have chosen to switch-sell, on the settlement date. There are no sales charges in doing so. This transaction is equivalent to placing a sell order and selecting the Cash Management Fund as a redemption method.
Do take note that an intra-switch is not allowed for cash management fund. Please refer to the correspondent fund prospectus for more information.

https://www.fundsupermart.com.my/main/faq/0...t-Fund-2-9718#3

This post has been edited by MUM: Dec 31 2016, 05:33 AM

similar to Tabung Haji and EPF, they don't exactly give a breakdown how and where the dividends come from but pull out the 6% every year to tell Malaysia is everything is rosie and good when the main Malaysian EQ are bleeding. of course some of those investments are from foreign investments, how much I don't know.

they can very well take money from new investors and use that as "dividends".


thank you Mum for helping that.

I never buy funds from Public/agent due to high service charge. WHy buy PM funds when other funds which invest in same sector ourperform PM?

Usually yes. If you buy those good bond funds. Affin Hwang Select Bond fund/RHB Islamic Bond fund. Difference is your FD is you won't lose your money and you can get about 4%pa. Enough or not, that one depends on you. For FI, it have huge connection with interest rate of the US and eg Trump massacre where even "safe bonds" were not spared.

Not necessary. Dividends add units to your total units. If the fund don't perform, then it's a different story. If it perform, then long term wise, it's good. Although this was debated with xuzen last time with TA Global Tech dividends.

For me, I feel (not conclude/say) is important as with my previous experience with ASG, if not for the dividends, I might be still making a loss. When I bought it dropped 15%. Had to hold for 3 years to get nett return of 3% pa.


For amanah saham, only fund worth looking into is their fixed price fund. Others suck. But I think affin hwang select bond fund might be better choice for those people cannot "tahan" see their value of investment drop.

Thanks.
I do look on B n C.
No more confident on Malaysia Market. cut down my profolio on Msia.

I do agree conservative is not a choice. But PRS got a Age limit, for core fund, wheb more than 40, must take core fund from moderate with others none core fund.

I never try to switch between fund house for PRS, but is possible only after u invested more than a year.

You mean after age 40, they will forcefully convert all your unit from growth to moderate or conservative in similar trends?

I thought PRS you either follow their age portfolio or your own choice of fund and stick with it?

Maybe I understand wrongly. It was an 'OR'

I only see your flawed argument. How can you compare a drop of 50% in old fund and suddenly it recovered and made another 6% with a new fund that just made 8% in the same period. When your old fund lost 50%. It need to make 100% in order for your value equal to old value. $10k drop to $5k, need to make 100% profit in order to get back to 100% value again $10k. You are comparing 112% profit of old fund with 8% profit of new fund. You need to compare in same timeline.

In your another argument that people might mislead the false profitability of new fund versus lost of 50% in old fund, you will see everything in the form of portfolio P/L. You do include old fund losses in your portfolio calculation, do you?

This post has been edited by kimyee73: Dec 31 2016, 10:53 AM

Your left is 112% profit, right is 8% profit in the same timeline. Of course 112% is better than 8% profit, no argument there.

DISTRIBUTION la
not dividends

er.. PRS has AGE LIMIT?
those are GUIDELINES of funds for certain age brackets lar

U do know it's up to the individual right? it's not a legal thing/law in choosing whatever PRS

heheh - "paper loss" is not a real "loss" mar to some

$10K --> $5K then "recover 6%"
the "recover 6%" is based on $10K wan, not the current $5K after drop wan
hehehheeh

Profit from investment such as UT... ASX... Tabung Haji is not gain profit money from sky to give return... the fund manager need buy and sell investment to gain money and share the profits with investor after deduct their rice bowl fees.

If you start with 10k, and end with 10.6k, how can that be a 112% profit?

This post has been edited by wodenus: Dec 31 2016, 12:19 PM

Exactly.. some people are already calling it 112℅ profit with very, very few exceptions paper loss is not real loss, otherwise no one would bother to invest at all.. with diversification and time.. there is almost zero chance of losing money long-term

But if you keep switching.. you have 100% chance of losing money. People invest because they can make money long term.. if you look at the long term charts.. you will see that pretty much every fund makes money in ten years' time.

Diversification and time. That always works.

This post has been edited by wodenus: Dec 31 2016, 12:42 PM

Ya, now I know. Was confused by the Affinhwang agent.

That why I am thinking of transfer out, because they can give an suggestion on others fund house. Fundsupermart still more convenient, can ask client help online and easier to monitor. Also with the reward program.

It seem like no much point to stay on a specific fund manager, unless we are lazy to search for more money/potential higher profit.
I am don't like to walk into branches, online transaction still more preferable.

AffinHwang always give me a not so true suggestion. The manager been suggested some fund base on their company analysis, bit 3 out of 4 lose, even I waited 2-3 years. Even been follow the internal new in AffinHwang I-access still same..

In fundsupermart, 80% if suggestion will have significant profit. That why few of my fund have double digit profit.


Investment really need to make study, can not just simply follow. At the end, opinion is a references not a guideline.

This post has been edited by fense: Dec 31 2016, 12:39 PM

Exactly.. if they knew anything, they would be running their own funds

This post has been edited by wodenus: Dec 31 2016, 12:35 PM

Because you are not comparing the same timeline. For comparison, you need to start from same timeline. Even if you use FSM chart, if will start from same timeline.

I'm not some people, just quote me will do. No need to insinuate.